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ANZ Business Overdrafts

Need help with cash flow? Our overdrafts offer flexible payment options and provide you with peace of mind.


Request a call back 1800 801 485


Why an ANZ Business Overdraft?


Helps you keep doing business

Withdraw money up to your approved limit when you need to, and make deposits when your business receives payments.

Flexible solutions

Our overdrafts have a minimum amount of $2,000.

ANZ has a range of overdrafts available depending on the particular needs of your business. Speak to an ANZ Business Banker today to find out more.

Competitive interest rates

We offer competitive variable interest rates for our business overdrafts. Certain fees and charges apply including a Credit Facility Fee and an approval fee.

Choice of secured or unsecured finance

The overdraft can be unsecured (an individual/director’s guarantee may be required), or secured by residentialdisclaimer, commercial or rural property, business assets or a combination of these.

Easy access with a transaction account

Use your transaction account to access the money via ANZ Internet Banking (or ANZ Internet Banking for Business if you have it), ANZ Phone Banking, ANZ ATMs, ANZ branches and more.disclaimer

No minimum or maximum term

Our overdrafts let you choose a term that suits your needs.

Easily apply online for finance with ANZ GoBiz

ANZ GoBiz is our easy way to apply online for business loans and overdrafts. Where eligible, you could get conditional approval in just 20 minutes.

  • Loans up to $200,000
  • Overdrafts up to $100,000
  • Funds in your account in two business days*
  • Unsecured lending

Required accounting software

Xero, Intuit Quickbooks and MYOB AccountRight logos

Explore ANZ GoBiz

*Once approved, you'll need to sign and return your documents. Once we receive these, your funds will be in your business account within 2 business days.

Your questions answered

Business loans and overdrafts are both lending options. They both involve borrowing money from the bank, but under different conditions and for different reasons. They can help businesses stay afloat or get ahead by providing much-needed funds precisely when they’re needed.

Business loans are granted for a specific time period. For instance, you may only need a short-term loan to finance a phone system upgrade that you’ll pay off quickly. On the other hand, you’ll probably need a longer term for paying off expensive manufacturing equipment, company cars or property.

Overdrafts are a borrowing option set up through your bank to help you manage your short-term cash flow needs. They’re sometimes called revolving credit facilities and are part of your business bank account.

Overdrafts are used only when needed, such as when buying new stock or increasing cash flow. They’re intended to tide a business over temporarily. For example, if a customer places a large order and will be paying in 30 days, you may need to tap into your overdraft to buy raw materials or stock to fulfil that order. Once the customer pays, you can pay off the debt.

When your account has an overdraft facility, you can draw more money on the account than your credit balance. For example, if you have $15,000 credit in your overdraft account but need to cover $20,000 in payroll for the month, you could withdraw the cash you have on hand along with the extra $5,000 needed for payroll without having to take out a business loan.

Because an overdraft is a type of lending facility, you will need to pay it back, and yes, there will be interest to pay as well.

When you establish an overdraft account, you’ll be given a maximum limit of how much you can withdraw. Withdrawals don’t need to be for a specific amount. You can withdraw small or large amounts, up to your limit, as needed.

Interest applies only to the balance outstanding, not the full amount. So, if you have a $30,000 overdraft account but only use $5,000, interest will only be applied to the $5,000 outstanding balance.

An overdraft facility can be linked to any eligible business account, but only one overdraft per account. Contact your business banker today to find out more.

Your Business Banker can help you better understand the differences between business loans and overdrafts so you can choose the best option for your needs. Contact us today to find out more.

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1800 801 485



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Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider whether it is appropriate for you.

ANZ recommends you read the applicable Terms and Conditions and the ANZ Financial Services Guide (PDF 104kB) before acquiring the product.

All applications for credit are subject to ANZ's normal credit approval criteria. Terms and conditions and Fees and charges apply.

Residential property does not include property development or speculative residential construction.


Temporary service interruptions may occur. Technical requirements apply.